HDFC Institutional Current Account

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HDFC Institutional Current Account

HDFC Institutional Current Account offers seamless banking for institutions with high transaction limits, customized solutions, and 24/7 digital access.

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Details for HDFC Institutional Current Account

HDFC Institutional Current Account is designed for large institutions, offering high transaction limits, customized banking solutions, and 24/7 digital access. Enjoy efficient fund management, bulk payments, and cash management services, ensuring smooth financial operations with dedicated banking support.

MAB

Nil

Withdrawal Limit

Not available

Transaction Limit

Not available

Cash Deposit Monthly

  • Free cash deposit up to ₹50 lakhs per month or 50 transactions (whichever is breached first) combined limit across HDFC Bank home and non-home branch.

Non Maintenance Charges

  • Nil

Additional Benefits

  • Free cash deposit up to ₹50 lakhs per month or 50 transactions (whichever is breached first) combined limit across HDFC Bank home and non-home branch
  • Issue Unlimited Free Demand Draft (DD) & Pay Orders (PO) payable at all HDFC Bank Locations
  • Manage collections of fees, donations etc. through various online modes by providing HDFC Bank Collect Now which enables online and offline collection modes.
  • Bulk payments to vendors and salary payments to employees hassle-free with CBX, our superior online banking platform. With ENET, you will get the benefits of bulk cheque / Demand Draft Printing, Salary upload, Tax payments, etc. through a single upload file. You can have multiple layers of authorisation to ensure complete control.
  • Faster inter-city cheque collections and daily real-time information with Cash Management Services (CMS). With CMS you get customised MIS on your cheque collections which help you track your cheque collections efficiently with HDFC Bank Collect Now.
  • Forex services including FOREX Travellers’ Cheques, FOREX Cash and a FOREX Plus Card when you travel.
  • Other services like Trade & Forex, CMS, POS, Payment Gateway and Doorstep Banking.
  • Zero Average Monthly Balance (AMB) current account.
  • 500 free "at-par" cheque leaves per month
  • Free payment and collection through NEFT / RTGS
  • Free monthly account statement.
  • Free cash deposit up to ₹50 lakhs per month or 50 transactions (whichever is breached first) combined limit across HDFC Bank home and non-home branch.
  • Free local/ intercity cheque collection & payment within HDFC Bank Branch locations.
  • Free Pay Orders (PO) & Demand Draft (DD) payable at all HDFC Bank Locations
  • Free cash withdrawal at home branch and 1 lac for non-home branch per day